Quick Hits: Green Day to induct GNR; Neil Young takes on MP3s

• Green Day has been given the unenviable task of inducting some version of Guns N’ Roses into the Rock and Roll Hall of Fame. According to Rolling Stone, early GNR members Slash, Duff McKagan, Steven Adler, Matt Sorum and Dizzy Reed have all signed on for the ceremony, set to take place in Cleveland on Apr. 14, while Axl Rose‘s RSVP card appears to have gotten lost in the mail. We’re also not sure how many dudes with KFC buckets on their heads will show up.(Rolling Stone)

• Not content with the recent Crazy Horse reunion, Neil Young is also hard at work developing a new music format which will serve as a high-resolution alternative to MP3 files. CNET found out a bunch of stuff about the pending trademarks that we don’t really understand. (CNET)

• Alejandro Escovedo, former member of the Bay Area punk band the Nuns turned Texan blues artist, releases his 11th solo album, “Big Station,” on June 5. It features collaborations with San Francisco singer-songwriter Chuck Prophet and producer Tony Visconti. (Paste)